Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are there any Fees associated with Applying for a Manufactured Home Refinance Loan?

0
Posted

Are there any Fees associated with Applying for a Manufactured Home Refinance Loan?

0

No, JCF Lending Group does not charge an application fee. There may, however, be fees associated with the manufactured home loan program that you choose. Once you are approved, your loan representative will go over all fees that will be financed into your new manufactured home loan. The only out of pocket expense would be the cost of an appraisal and/or inspection. If the manufactured home is in a leased lot community, either an inspection or appraisal would be required. Your loan officer will let you know which you will need for the refinance. If your manufactured home is on leased, rented, owned or family land, only an inspection will be required in order to determine the value. If the manufactured home is located in a California manufactured home park, an appraisal is almost always required and recommended to determine the true value of your manufactured home.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123